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AUD/USD Rises Past 0.7240 on Weaker US Wage Growth, Iran Tensions

April US jobs data showed 115K additions, beating forecasts, while softer wage growth weighed on the USD. The AUD/USD pair climbed above 0.7240 on Friday, driven by a mix of softer US wage growth and heightened Middle East tensions. US Nonfarm Payrolls rose by 115K in Apri

  • mohammad501ps@gmail.com
  • May 8, 2026
  • crypto

Ripple (XRP) Etfs Hit $1.32b Cumulative Inflows after a 3-day Inflow Streak in May

Quick Read - Spot XRP ETF cumulative inflows have reached $1.32 billion after a three-day inflow streak, bringing in about $28.1 million between May 4 and May 6. - XRP ETFs have recorded net positive inflows in roughly 77% of weeks since they launched in November 2025, with...</p

  • mohammad501ps@gmail.com
  • May 8, 2026
  • stocks

Hikes Piper Sandler Cloudflare Price Target to $250 Despite 15% After-hours Drop: Buy the Dip?

Quick Read - Cloudflare (NET) posted Q1 FY2026 revenue of $639.75M, up 34% YoY and beating consensus, with non-GAAP EPS of $0.25 exceeding the $0.23 estimate, and Piper Sandler raised its price target to $250 from $222. - Cloudflare’s restructuring announcement and workforce...</

  • mohammad501ps@gmail.com
  • May 8, 2026
  • forex

USD/CAD Rises as Canadian Jobs Data Disappoints

April employment in Canada fell by 17.7K, missing forecasts and pushing the unemployment rate to 6.9%, pressuring the CAD. USD/CAD climbed to 1.3694 on Friday after Canadian employment data undershot expectations. The economy shed 17.7K jobs in April, defying forecasts for

  • mohammad501ps@gmail.com
  • May 8, 2026
  • stocks

This Fund Cashed Out of Preformed Line Products Amid a 150% Stock Surge

On May 8, 2026, CM Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products (NASDAQ:PLPC), an estimated $6.39 million trade based on quarterly average pricing What happened CM Management

  • mohammad501ps@gmail.com
  • May 8, 2026
  • stocks

AI Won’t End Human Work, Andreessen Horowitz Partner Says

As fears grow that artificial intelligence could wipe out white-collar jobs, Andreessen Horowitz general partner David George argues the technology could instead fuel a new wave of economic growth, higher productivity, and new industries. In a blog post published on Wednes

  • mohammad501ps@gmail.com
  • May 8, 2026
  • stocks

Fluor Trims 2026 Adjusted EBITDA Forecast to $525M-$560M on Middle East Risks

The engineering firm cites regional disruptions as a key factor in lowering its full-year earnings outlook range. Fluor Corporation revised its 2026 adjusted EBITDA guidance to $525M-$560M, down from a previously broader range. The adjustment reflects heightened risks in t

  • mohammad501ps@gmail.com
  • May 8, 2026
  • stocks

ZD Projects H2 2026 Revenue Growth on Asset Sales, Buybacks

Ziff Davis forecasts year-over-year revenue growth in late 2026 as it shifts focus to stock repurchases and business monetization. Ziff Davis (ZD) expects to return to year-over-year revenue growth in the second half of 2026, driven by asset monetization and expanded stock

  • mohammad501ps@gmail.com
  • May 8, 2026
  • central_banks

Fed Official Sees Stable Job Market

Job market remains stable with little evidence of deterioration The job market is currently stable, with no significant signs of decline. The Federal Reserve is closely monitoring the inflation situation, as it has not been favorable and is moving in the wrong dire

  • mohammad501ps@gmail.com
  • May 8, 2026
  • forex

Polestar First Quarter Loss Widens on Tariffs and Pricing Pressure

Polestar recorded a wider first quarter loss in 2026, with tariffs, pricing pressure and currency movements dragging margins into negative territory despite the electric vehicle maker achieving record retail volumes. The EV manufacturer posted a net loss of $383m for the t

  • mohammad501ps@gmail.com
  • May 8, 2026
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